Friday, January 10, 2014

Now We See What The Effects of Medicaid Expansion

It turns out that expansion of Medicaid coverage for
lo-income Americans increases rather than decreases visits to hospital
emergency rooms.

According to a study, increased ER visits as result of
expanded Medicaid coverage increased spending by $120 per covered individual!

We now face another huge and costly error in the assumptions
that built and brought us Obamacare.

So far, providing “free” government health care through
Medicaid has been attracting far more new enrollees than individuals signing up
on the exchanges. Estimates show there are almost 2 million new enrollees
through the exchanges and about 4 million new enrollees into Medicaid.

The Congressional Budget Office projects the number of
enrollees in Medicaid to reach 91 million by 2023. And CBO projects annual
growth in expenditures on Medicaid to be 8 percent per year, or more than
double the expected growth rate of the American economy.

In order to bribe states to expand their Medicaid programs
to cover these individuals, the federal government (translation: us taxpayers)
will cover 100 percent of the costs of expansion for three years, and then 90
percent thereafter.

The bottom line is Medicaid is becoming a back door to get
an increasingly large percentage of the American population on a single-payer
government health care system and an increasingly large percentage of the
American population on welfare.